D4 Published development or research report or study
The Role of High-impact SMEs in Finland
Authors: Thommie Burström, Mikko Grönlund, Tuomas Ranti
Publisher: Tekes – the Finnish Funding Agency for Innovation
Publishing place: Helsinki
Publication year: 2016
Series title: Tekes Review
Number in series: 328
First page : 1
Last page: 104
ISBN: 978-952-457-616-1
ISSN: 1797-7339
Web address : http://www.tekes.fi/globalassets/julkaisut/the_role_of_high-impact_smes_in_finland.pdf(external)
This report studies the role of high-impact firms in the Finnish business environment
from an ecosystems perspective. We study six clusters of firms representing the creative,
environmental, experience, health, ICT, and maritime sectors. Our research team
identified 1,572 SMEs that met the criteria for high-impact firms, accounting for 5 percent
of total small and medium-sized enterprise turnover and employment in Finland.
We find that these high-impact SMEs are unevenly distributed in Finland, as the majority
are located in just four geographical regions. We also discover that high-impact
SMEs as a rule have high ecosystem awareness, but low awareness of the benefit of
shared platforms. This report offers a toolbox for the development and assessment of
platform connections to boost the business ecosystem. It also recommends continued
analysis of high-impact firms as a focus of internationalisation research.